MTC - Metals Tech (Hard-Rock Lithium & Cobalt in Canada)
Could be an interesting ST play here - mkt cap c. 25m with c. 5m in cash
There is a deadline of 15-Jan for them to receive a $3m chq from a Chinese Lithium Battery Manufacturer cornerstone investor who subscribed for 10m shares @ 30c (raising $3m) - Dynovalt
This should be around 60-70c upon the physical receipt of the cash from the cornerstone, given it's only 26c today, there is significant room for upside over the coming days.
I'd say, given it's 26c, the market doesn't think the cash will arrive...
If it does - there should be an easy bag. Good risk/reward from here IMO.
